Tag Archives: Kallanish Energy News

Japan plans to handle 100 million tonnes (Mt) of liquefied natural gas (LNG) imports by 2030, as it sees the supercooled fuel playing an important role in tackling global climate issues, Kallanish Energy reports. According to analysts at IHS Markit, the Japanese government is currently working to revise its LNG …

China appetite for Russian gas is surging, with daily supplies from the Power of Siberia pipeline exceeding its contractual volumes by 20%, Kallanish Energy reports. Russian gas giant Gazprom said in a note on Monday that it continues increasing its gas supplies to China via the pipeline, with volumes from …

The Asia Pacific (APAC) power generation sector could record investment of up to $1.5 trillion by 2030, largely driven by solar and wind projects, Kallanish Energy reports. A new report from Wood Mackenzie found that solar and wind represent $1 trillion, or two-thirds of investment opportunities in APAC throughout the …

Equinor said Wednesday it has partnered up with utilities Jera and J-Power to jointly bid in Japan’s planned first offshore wind auction, Kallanish Energy reports. Together the consortium plans to submit a bid to develop two offshore wind farms as soon as the Japanese government officially launches the tender. The …

Israel’s offshore Leviathan gas field experienced declining gas production volumes and prices in Q2 2020, following a drop in regional demand as a result of the Covid-19 pandemic, Kallanish Energy reports. A H1 2020 update published by project partner Derek Drilling recorded total net gas production of 0.74 billion cubic …

Russian oil and gas major Gazprom announced it has begun construction on an offshore ice-resistant platform for its Arctic shelf gas field development, Kallanish Energy reports. The offshore production platform will be deployed to the Kamennomysskoye Sea gas field, located in the Ob bay of the Kara Sea. The field …

China is likely to favor liquefied natural gas (LNG) imports over pipeline gas supply until 2027, Fitch Solutions said on Monday. The super-chilled fuel will continue to be dominant over piped gas imports because of rampant expansion of domestic LNG import capacity. In addition, it will take the Power of …

U.S.’s natural gas consumption is set to decline 4% this year to an average of 81.7 billion cubic feet per day (Bcf/d), the Energy Information Administration said in its May Short-Term Energy Outlook (STEO) last week. The drop reflects mainly a 7.1% decrease in gas demand from the industrial sector, …

Oil markets are driving a sense of optimism in the natural gas market “not seen in years,” according to analysts at the Bank of America Global Research. That’s because the collapse in oil prices accelerated the timeline for associated gas declines as many oil producers look to shut-in production or …

The International Energy Agency (IEA) said on Tuesday the OPEC+ should consider quicker, deeper production cuts to ease the turmoil in oil markets, Kallanish Energy reports. Executive director Fatih Birol said the initial 9.7 million barrels per day (Mmbpd) production cut in May and June “is a solid start but …